---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/42382022.md"
description: "$BitMine Immersion Tech(BMNR.US)$ETH/USD(ETHUSD.HAS)$BitMine Immersion Tech(BMNR.US) $Ethereum (ETH.CC)$ So far, a total of 9 senior researchers have left the Ethereum Foundation.On June 22, 2026, five of these senior researchers founded EthLabs, with BMNR and SBET as the core lead investors. Their vision is to make Ethereum the shared settlement layer for the global economy.On July 2, 2026, Ethereum Institutional was established, also led and funded by BMNR and SBET. It aims to gather real demand from Wall Street regarding on-chain settlement speed, compliance, and privacy, as well as to market the Ethereum ecosystem.These senior technical personnel are not starting from scratch; they are bringing out the technologies and roadmaps that could not be realized within the Foundation. We should be able to see intensive delivery of core technical results from Ethlabs and major Wall Street actions led by Ethereum Institutional from the second half of 2026 to the first half of 2027. Ethereum reforges its broken sword, and the pace will be very fast."
datetime: "2026-07-02T13:11:46.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42382022.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42382022.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42382022.md)
author: "[Tom-Tom](https://longbridge.com/en/profiles/12848235.md)"
---

# $BitMine Immersion Tech(BMNR.US)$ETH/USD(ETHUSD.HA…


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